New York State (U.S.A.), a land of endless business excitements, high technology, tourism, media and entertainment, agriculture
Anchored by
Wall Street in the Financial District of Lower Manhattan, New York City has been called both the most economically powerful city and the leading
financial center of the world.
Lower
Manhattan is the third-largest central business district in the United States, and is home to the New York Stock Exchange, on Wall Street, and the
NASDAQ, at 165 Broadway, representing the world's largest and second largest
stock exchanges, respectively.
New York
City remains the largest global center for trading in public
equity and debt capital markets, driven in part by the size and financial
development of the U.S. economy.
New York
also leads in hedge fund management; private equity; and the monetary volume of
mergers and acquisitions. Several
investment banks and investment managers headquartered in Manhattan are
important participants in other global financial centers. New York is also the principal commercial banking center of the United
States.
Silicon
Alley, centered in New York City, has evolved into a metonym for the sphere
encompassing the New York City metropolitan region's high technology and
entrepreneurship ecosystem; in 2015, Silicon Alley generated over US$7.3
billion in venture capital investment.
Albany, Saratoga County, Rensselaer County, and the Hudson Valley, collectively
recognized as eastern New York's Tech
Valley, have experienced significant growth in the computer hardware side of the
high-technology industry, with great strides in the nanotechnology sector,
digital electronics design, and water- and electricity-dependent integrated
microchip circuit manufacturing.
Creative
industries, which are concerned with generating and distributing knowledge and
information, such as new media, digital media, film and television production,
advertising, fashion, design, and architecture, account for a growing share of
employment, with New York City possessing a strong competitive advantage in
these industries.
New York
exports a wide variety of goods such as prepared foods, computers and electronics,
cut diamonds, and other commodities.
The state
also has a large manufacturing sector that
includes printing and the production of garments, mainly in New York City; and
furs, railroad equipment, automobile parts, and bus line vehicles, concentrated
in Upstate regions.
New York is
the nation's third-largest grape producing state, and
second-largest wine producer by volume, behind California.
New York is
a major agricultural producer overall, ranking
among the top five states for agricultural products including maple syrup,
apples, cherries, cabbage, dairy products, onions, and potatoes.
The south
shore of Lake Ontario provides the right mix of
soils and microclimate for many apple, cherry, plum, pear and peach orchards.
The
University of the State of New York accredits and sets
standards for primary, middle-level, and secondary education in the state,
while the New York State Education Department oversees public schools and
controls their standardized tests. The
New York City Department of Education manages the New York City Public Schools
system.
At the level
of post-secondary education, the statewide public
university system is the State University of New York, commonly referred to as
SUNY. New York City also has its own City University of New York system, which
is funded by the city.
John F.
Kennedy Airport in Queens, the busiest international air passenger gateway to
the United States.
The New York
City Subway is one of the world's busiest, serving a
passenger ridership of over 5 million per average weekday.
The New York
State Department of Motor Vehicles (NYSDMV or DMV) is the
governmental agency responsible for registering and inspecting automobiles and
other motor vehicles, as well as licensing drivers in the State of New York.
Portions of
the transportation system are intermodal, allowing
travelers to switch easily from one mode of transportation to another. One of
the most notable examples is AirTrain JFK which allows rail passengers to
travel directly to terminals at John F.
Kennedy International Airport as well
as to the underground New York
Cold Spring
Harbor Laboratory on the North Shore of Long
Island is an internationally renowned biomedical research facility and home to
eight scientists awarded the Nobel Prize in Physiology or Medicine.
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